16
Village Way, Pinner
£825,000
5 bedrooms, 2 bathrooms, 2 receptions
Summary:
A large 5 bedroom semi detached house, with 3 reception rooms and 2 bathrooms. The property was previously a family home and is now a Licesened HMO for 10 people, 9 households. The property occupies a prime position, situated within a few minutes walk of Rayners Lane shops and Tube station and provides a lot of flexiblity to owner occupy, sublet or rent as a business to generate a substantial income. The front drive has parking for 3 cars and the back garden has mature fruit trees (two pear trees and 2 apple trees). Chain free sale. Can we steer away from income commitment -it depends on the rental market and how many tenants. A substantial semi detached house, currently let as a House of Multiple Occupancy (HMO) with eight bedrooms, five of which are double rooms and three single rooms, producing a gross income of £7650 per month. The property is available for investors and owner occupiers. Chain free sale.
Key Features:
- SEMI DETACHED HOUSE
- HMO LICENCE
- 5 5 BEDROOMS
- 3 RECEPTION ROOMS
- LARGE KITCHEN
- 2 BATHROOMS
- OFF STREET PARKING
- LARGE REAR GARDEN
- CHAIN FREE SALE
Full Details:
The property currently comprises : Eight bedrooms in total with five doubles and three single rooms. Double rooms achieve £1050 each and single rooms £800. Total monthly rental £7650. Rents include utilities and council tax bills. The ground floor consists of three double rooms, a large kitchen, a dining room with two hobs, ovens and sink, a washing machine and dryer and a shower room. The first floor comprises two double rooms, three single rooms and a bathroom.
Outside the private driveway provides off street parking for up to three cars. To the rear the lawned garden extends to circa 65ft, in length. All residents can enjoy use of the garden.
The current owner has an HMO Licence for 5 years for up to 10 Persons or 8 households. Investors would need to apply for their own HMO licence.The current fees are £1740 for a 5 year term.
Viewing & Disclaimer:
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Energy Performance Certificate
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